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Article Archive | Page 956

Uzbekistan, Russia Announce Joint Nuclear Facility

Jul 13, 2018 at 13:01

Uzbekistan has said it has reached an agreement with Russia to jointly build a nuclear power plant, a development it says will help it economize on gas and coal. Opponents…

Record Oil Production Won’t Free The U.S. From Global Markets

Jul 13, 2018 at 12:24

In the first week of July, U.S. net imports of petroleum products fell to just 1.670 million barrels per day (mb/d), the lowest weekly total on record in at…

A Long-Term Play In Oil Markets

Jul 13, 2018 at 12:22

For those that follow energy markets it is often easy to lose sight of the timescale off which the major companies in the sector make their decisions. We tend to…

How Higher Oil Prices Are Hurting Demand

Jul 13, 2018 at 12:18

Friday July 13, 2018 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…

Global Energy Advisory - 13th July, 2018

Jul 13, 2018 at 12:06

U.S. LNG producers are racing to add production capacity amid forecasts for strong growth in demand, with the total—concentrated in Louisiana and Texas—set to reach 10 billion cubic feet daily…

Technical Analysis: Was This Just A Correction?

Jul 13, 2018 at 12:06

U.S. West Texas Intermediate crude oil plunged earlier in the week on worries that escalating trade tensions between the United States and China could hurt oil demand, and news that…

Oil Retraces On Libyan Production Surge

Jul 13, 2018 at 12:36

The oil market took a beating this week, with the return of Libyan supply weighing on crude prices. (Click to enlarge)

This Year, Everyone Will Love Uranium

Jul 13, 2018 at 12:34

Copper prices are up 60 percent in 24 months and zinc has gained 140 percent in two years. Gold is up too, 20 percent in two years. But one of…

U.S., Canadian Rig Count Rises After Tumultuous Week

Jul 13, 2018 at 12:25

Baker Hughes reported an increase to the number of active oil and gas rigs in the United States on Friday. Oil and gas rigs increased by 2 rigs, according…

U.S. To Hold Major Oil & Gas Lease Sale In August

Jul 13, 2018 at 09:35

The U.S. Department of the Interior will hold an oil and gas lease sale for 78 million acres in the Gulf of Mexico on August 15, the department said in…

Iraq Set To Boost Oil Output After Bai Hassan Restart

Jul 13, 2018 at 08:59

Satellite surveillance shows that production has fully resumed at the Bai Hassan field in Iraq. The field is part of a complex of oilfields in Northern Iraq that were shut…

This Oil Price Crash Was Just A Correction

Jul 12, 2018 at 16:43

The oil market is “stretched to the limit” despite the fact that OPEC+ agreed to ramp up production following their meeting last month, according to the International Energy Agency. The…

The Permian Banks On These Key Pipelines

Jul 12, 2018 at 16:36

Booming crude oil and natural gas production in the Permian Basin and not enough pipeline takeaway capacity have widened the discounts at which oil and natural gas pumped in the…

Libya’s Oil Production Ramps Up After Ports Reopen

Jul 12, 2018 at 14:53

Libya’s Abu Attifel oil field has restarted operations after a two-week halt due to the closure of oil ports—a closure that ended on Wednesday after Libya’s National Oil Corporation (NOC)…

No End In Sight For Venezuela’s Oil Crisis

Jul 12, 2018 at 13:23

Venezuela’s oil production plunged by another 47,500 barrels per day (bpd) in June, compared to a month earlier. An exodus of workers and field shut downs were reported for the…

Renewables Overtake Coal For First Time Ever In Germany

Jul 12, 2018 at 11:51

For the first time in history, renewable power sources have overtaken coal in Germany’s energy mix, the German Association of Energy and Water Industries (BDEW) reports, saying the share…

Norway Oil Strike Set To Worsen

Jul 12, 2018 at 11:42

Norway’s ongoing oil workers’ strike is set to shut more rigs on the Norwegian Continental Shelf as the employers’ association has not contacted the trade union for new talks…

The Downfall Of U.S. Nuclear Power

Jul 12, 2018 at 11:20

A new, shocking report by researchers at Carnegie Mellon University’s Department of Engineering and Public Policy (EPP), Harvard University, and the University of California San Diego School of Global…

China Is Dominating Global EV Markets

Jul 12, 2018 at 11:00

China’s dominant role in electric vehicle manufacturing and sales has yet to be curtailed by the trade war launched by President Donald Trump. The lack of impact can be demonstrated…

Saudi Arabia's Solution To Rising U.S. Gas Prices

Jul 12, 2018 at 09:28

The first U.S.-bound shipment of reformulated blendstock gasoline produced at a Saudi refinery operated by Aramco and Total is on its way, Reuters reports, citing the official Twitter account…

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